January 21st, 2012 by Caitlin Coppleson |
Foreclosures are everywhere – the national rate is one home foreclosure out of every 563 units as of October, 2011, and is set to only grow as the year ends and the next year begins. Many opportunities are present with each foreclosure for investors and homebuyers who are all looking for terrific discounts, but these distressed properties also bring with them several unsightly side-effects.
One particular impact that foreclosure houses have had is blight. A
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January 21st, 2012 by Jackson Mofflin | Tags: Condo Resale, Condo Resale Market, Market, Resale Market
Many have found it remarkable for there to have been such significant growth in the luxury condo resale market for Miami-Dade County considering the macroeconomic data situation which has been troubling South Florida for the past while. Nevertheless, there have been numerous foreign buyers who have come into the area with financial powers brought about by their stronger currencies which have enabled them to acquire over 1 million condominium properties within 2011 compared to the previous year of the real estate boom which took place in 2006. Almost 590 condominium properties were taken off the property market for values of no less than 1 million each within 2011 while less than 500 of these high-end options were sold in the final year of the South Florida real estate boom which leads to a rise of 29 percent from 2010. Wit More info…
January 18th, 2012 by Sean Ball | Tags: New, New Foreclosure
New mortgage standards for major lenders are due to take effect starting January 2012, Marketwatch reports.The new rules have been in effect for months, but only on a voluntary basis. Starting in 2012, these regulations will be mandatory.The new standards are known as the servicer alignment initiative and will be applicable to all mortgages backed by Freddie Mac, Fannie Mae and the Federal Housing Administration, reports the news source.Under the new rules and regulations, servicers will be required to provide guidance on foreclosure alternatives for borrowers who are 30 days delinquent. More info…
January 13th, 2012 by Caitlin Coppleson | Tags: Home, Home Insurance
Bank officials have managed to skirt prosecution from government officials, despite obvious robo-signing, falsifying documents and other unlawful practices that have thrust homeowners into foreclosure, short sales and strategic default.
Our hope that even though prosecutors traditionally haven’t put much pressure on bank officials, perhaps industry officials will use the court system to hold the banks’ feet to the fire for their transgressions.
If the government isn’t going to stand up to help homeowners who are struggling with , then who will? Our lawyers are fighting for Miami homeowners, but we do so on an individual case basis.
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January 13th, 2012 by Jackson Mofflin | Tags: Home, Home Garden
Although the construction of your custom homes in Austin might be complete, the decorating is always an ongoing process. Whether you are changing the landscaping and plants in your flowerbeds or adding a new piece to your mantle or end table, there is always room for improvements. What better way is there to get new ideas for your home décor than attending the Austin Home and Garden Show?
The Austin Home and Garden Show is back for its 14th year and it’s happening right now at the Austin Convention Center! This Friday, Saturday, and Sunday go out and find new and exciting ways to spice up different parts of your home. If
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